It Will Be Hard to Avoid a Government Shutdown This Fall

On Saturday, fears of a federal government shutdown seemed to be nearing reality. 

House Republicans will vote to pass a one-year delay of Obamacare in exchange for funding the government, Speaker John Boehner announced this weekend. It’s a head-strong offer that will likely ruffle Senate Democrats and President Obama, and which will likely make fall 2013 another season of complete congressional gridlock.

Saturday’s announcement was a Republican tactical strike focused on crippling the Obamacare law so many conservatives love to hate. Government shutdowns — akin to political Russian roulette — are now being used as the most absurd bargaining chip in American politics. 

And the health care battle won’t be the last time we have to deal with a possible government shut down.

As Politico reports: “Boehner tried to avoid this particular fight, and direct angst over Obamacare to the debt ceiling battle, where he thought Obama would want to cut a deal that would include replacing the sequester. He first proposed using the debt ceiling vote as a backstop — something Republicans could look forward to if they didn’t get their way in this fight. But the rank-and-file rejected that strategy.”

Assuming that the health care/ government shutdown grenade Republicans just lobbed completely blows up in their face, the debt issue will be the next political circus we’ll have to hear Republicans and Democrats bicker about.

The statutory limit on government debt has been a bipartisan headache for decades, as the graph above shows.

Since 1980 the debt limit has been increased 42 times, under both Republican and Democratic presidents and every possible configuration of partisan control in Congress. The limit now stands at $16.699 trillion, up from $1.39 trillion three decades ago; Treasury Secretary Jacob Lew has said the government will hit that limit by Oct. 17.

Get ready: October should be a roller coaster of deadlines and emotions.

Source Article from http://www.policymic.com/articles/65657/it-will-be-hard-to-avoid-a-government-shutdown-this-fall

You can leave a response, or trackback from your own site.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes